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Search Results 0 to 26 of about 27 (some duplicates have been removed)
legitimacy it was difficult to find any room for compromise. >> eu foreign ministers feel it's a haven for terrorist groups. they held an emergency meeting in brussels. they agreed to train government forces in mali. the islamist rebels control the northern part of the country. french troops moved in friday to stop them from pushing south. france ruled the country forde kids a until independence in 1960. the mali government asked the french for help. the eu ministers said they would send trainers. an advance team will arrive in a few days. the rest will set up a camp near the capital. it will not play a combat role. >> it's about the security of the people and in this context all the people of mali. we know very well how all of this needs to fit together into a comprehensive strategy. >> mali's foreign minister attended the meeting. he said people in the country must work towards stability and can do so with international support. >> the bank of japan is intended to be an independent body making their own decisions on interest rates among others but the central bank and the government
.k., the british finance minister, george osbo e osborne, wants the e.u. to toughen bank regulation across the 27 member states. britain's set plans in motion to separate retail investment decisions in part on proposals from the finnish central bank governor. the fed is also reportedly considering a plan to help banks avoid costly regulations aimed at preventing derivatives trading from being subsidized by taxpayers. the "financial times" says it stems from the lincoln amendment, included in the 2010 dodd-frank law. it prohibits banks that have access to federal deposit insurance or fed credit from acting as derivatives dealers. u.s. banks will still be able to trade some products like interest rate swaps. under the rule, foreign banks would be forced to move their u.s. derivatives activities off their books. >> yeah. if you followed that, you get a gold star this morning. it's a tricky one. >> there's a law that means foreign banks will have problems trading derivatives in the united states. >> charlie, any thoughts here? >> you know, it's part of this broad regulatory framework being put in pla
eu joins us from beijing with more of the details. eunice, there have been questions about china's reliability in data. over the past couple of years. >> there's always a big question about that. in fact, goldman sachs and ubs were some of the brokerages that came out recently questioning the latest december numbers for the export figures. they were concerned that the export numbers reported by china didn't seem to match the export data from its trading partners and the slow at some of the ports. that was raising questions. the chinese officials came out and defended the numbers and said that the numbers were all well and good. there is so much skepticism about that. the trade data was looking as though it was very much in flux. however, when you take a look at those in isolation, it raises a lot of question marks. but in terms of going forward, how you read these data points, most economists say you have to look at them as guidelines. this is a developing economy. so in terms of guidelines, the latest figures that we saw for 2012 in terms of gdp or for industrial output and ever
results in europe look set for a change. the eu muniea explains his investigation into the search engine. he's convinced google is profiting by diverting internet traffic for certain businesses. >>> american skres announced better-than-expected earnings for the fourth quarter. it saw revenues of $8.4 had billion. it will make big restructuring changes which includes 5,400 job cuts throughout the quarter. shares dipped in extended hours of trading the. >>> and the fate of superman remains firmly with warner brothers and dc comics after a decision from a california court. the court of appeals said that the rights for the man of appeals should not stay with the cocreators. the decision means that warner can release this summer's new superman reboot without fear of legal challenges. so we're watching today. who is your favorite hee roar? superman, ironman, super mario draghi? whoever you like, e-mail us, tweet us. my produces asked me who i thought my favorite super hero was. it took my a while to think about it, but then i thought hong kong fooey. there you go. many happy memories. talking
in the election. >> i talk about this a lot, i consider myself a tpepl tph*eus, but when i watched what went on during the election and the way mitt romney was treated and the hypocrisy where the binders full of women was really ridiculed, an was treated like he was a massage tph*eus, basically and you see a picture like this with president obama, and you have the left basically making excuses for him. ruth marcus wrote something saying, it's bad but it's not an outrage. it's an outrage if it's a republican. i think this is why when they survey women and ask you do you consider a tpepl tph*eu a tpepl inch tph*eus, most women say no. martha: they don't like the implications that go along witness. let's take a look at some of the numbers here, there is a comparison of how presidents have done in terms of gender equality. i guess for lack of a better phrase. women in the cabinet, president obama so far has nine through the first term. president bush had ten total. bill clinton had 17 total. but what i was struck by, and as a woman i don't like these numbers comparison, to me it's like you don't
minister david cameron made a critical speech on the uk's rocky relationship with the eu. cameron proposed a bold referendum to allow british voters to decide whether or not to exit the alliance by 2016. >> there's no doubt we're more powerful than washington, delhi because we're a powerful player inside the union that matters for british jobs, and security. it matters to our ability to get things done in the world. it matters to the united states and other friends around the world, which is why many tell us clearly they want britain to remain in the european union. if we left the european union, it would be a one-way ticket, not a return. >>> let's take an early look at the markets. we'll get all up in your business this morning. steve sedgwick is live in london, which is still at this hour firmly part of the european union. >> and set to be for a bit longer. there was a huge caveat to what david cameron said there in that sound bite. he wants more competition in europe, more accountability, better growth and wants us to get out of the eurozone debt crisis. he wants to renegotiate with eu
. in the u.k., this big e.u. debate about how important is european trade in the future, as well. you've also been speaking to the prime minister of latvia. what does he have to say? >> reporter:. latvia is a poster child, isn't it, for those on the right economically if you like who think that austerity and paying dunn your debts is the way that you restore growth. latvia had a very difficult crisis. they had negative growth and a contraction of the economy of somewhere around 20%. last year, they grew 5%. this year they're expected to grow 3.5%. and that's because they front loaded a lot of the cuts in government spending, and they forced down wage rates. i caught up with the latvian prime minister earlier this morning on "squawk box" and said, well, you've done it, greece, spain, italy, portugal, perhaps they should be learning lessons from you. let's listen to how he responded. >> i wouldn't go as far as now to tell exactly other countries what should be -- what they should be doing because each country has its own difficulties and its own way out of the crisis. but in general, we see tha
with them in ireland where i met with a distinct lack of enthusiasm from the e.u.'s group and the independent demigs on banking. sir john vickers, chairman of the independent commission, has criticized the u.k. coalition government for backing away from his original proposal while the recent report summarizing the responses received from the report acknowledges the widespread opposition to the proposal in a charmingly understated fashion, stating they welcome the group's analysis but argued that a compelling case of trading activities hasn't been made. they felt the proposal wasn't backed by the required evidence and there was a need for a thorough impact assessment. with all due respect to my friends in the european financial regulaer to community, when a regulatory proposal is viewed within the e.u. as being too harsh and the financial industry and harmful to marks, i think it's a clear sign it's time to take a step back and re-evaluate. regardless of what happens with respect to the vickers or like then proposal, even if all the most visitry olic allegations wall street
. i want you to react. start with number 10, that eu structural problems we main unresolved. when i first heard that, i don't think they will be unresolved. you're right, the market has bid things it's looking like the world is better. >> last year, all the european markets were up and europe was in a semi-recession and all the european markets were up semi-20% and i have them down this year in reaction. >> what about the euro? >> euro is relative to the dollar. ecb expanding the money supply and fedex spanding money supply. it's a race to the bottom. i don't know who will win it but i don't think there will be much change to the euro. >> i don't think euro ever resolves this issue, does enough to put them off when under pressure. >> sounds familiar. >> that's the environment we're in. i do think the markets are signaling core europe and stock growing again this year, growing uf to keep the eurozone out of its recession. if that doesn't happen, markets will go down. >> the surprise component of that is the 10% decline in the various european indexes. that's what people aren't prepar
be talking about the e.u. or you could be talking about washington. we will flip a coin with cnbc's andrew ross sorkin when he joins us live from davos, switzerland. next on "now." [ male announcer ] there's a story behind the silver of philadelphia cream cheese. it always begins with fresh, local milk, blended with real wholesome cream. going fresh from the farm, to our fridge, in just six days. because we believe in fresh taste. that's the way we set the standard for intensely rich, luscious flavor. so our story of fresh taste always ends... deliciously. when it comes to taste, philadelphia sets the standard. >>> the white house announced today that the president will renominate richard kcordrake and tap mary joe white to lead the s.e.c. as the president tries to bring stability and reform to american financial dealings, republicans seem intent on keeping the country's economy as unstable as possible. the house averted the debt ceiling fight. at least some republicans. 33 members of the house gop still broke rank. by averting, we, of course, mean punting the ticking time bomb three month
by the eu, the judge has been sanctioned by the eu. bill: he has a tough, tough reputation too this judge has, and the trial just startek. and his wife is on record as saying that everything that is coming out of there this week is a flat-out lie. what is the motivation beyond iranian media putting this word out, when in fact it's not the case. you're saying now this guy is still in jail, he's behind bars. >> he's in jail, he's facing abuse while he's in prison. and the iranian regime, the revolutionary garcia is trying to utilize the internal media to in order to tamper down any kind of global outreach that is going on media wise. what the iranians are doing through their media is no, no, no we are letting him out in a few days. meanwhile they are beating him. bill: torture. >> this is one of the worst prisons, eye rain and prisons. the media is utilizing a distortion campaign. it's called media advocacy. we are putting up the true facts, iran is distorting it to tamper down media significant in what is becoming a dangerous by the moment situation for the pastor and his family. he's 32 y
, intergovernmental cooperation destroys responsibility and accountability. look at the e.u.. did the e.u. destroy greece, or did greece destroy the e.u.? it's probably both, but you can't tell, and they all blame each other. and the founders didn't need the e.u. to see these dangers. all of this arises from intergovernmental cooperation and commandeering. the founders didn't need the e.u. because they have the example of commandeering in front of them. it was the articles of confederation. and so they wrote a constitution that prohibits this and makes it very, very difficult in any event. the second objection to justice breyer or, rather, the objection to his second point is, well, if the feds want to send swarms of officers, let them try. as angela already suggested, they can't, and they won't, and if they do, they will have to pay the fiscal and political price. so i think in a weird way it would actually be great if we had fbi agents in santa clara breaking down the doors of gravely-ill pot smokers. that'll tell people more about the federal government than 15 papers from the cato institute. [
trying to convince the e.u. to designate hezbollah as a global terrorist organization. this will be some interesting hearings and i think the senate will ask some pretty tough questions. jenna: to generalize that that that is interesting because it is about being able to name who our enmy -- enemies are in a broad context. general scales, senator kerry and senator hagel, both vets and supporters of the military and critics of the military as well. how do you have the two vets in high positions potentially? what would that mean? >> that's a great question. first of all i tend to support the person over the policy. i testified before senator hagel's committee in 2007 over the surge and i talked with him at length after my testimony. i will tell you this. one thing that struck me about him is enormous empathy for the american soldier. and as the military draws down he is going to be a person i think who maintains the trust and the compact that the government has with our returning veterans from iraq and afghanistan. so here's a buy who has seen war, who understands the nature and character
. five my people will lose their jobs this year. an eu court ruled in favor of using the buzz trademark settling a century old feud with tech company. that is the latest from the fox business network giving you the power to prosper. cheryl: it is time for your "west coast minute." a gun buyback program is being called a success. gift cards were handed out in exchange for 386 weapons pointed at the event. officials say in the wake of recent shootings, they will be holding many more similar programs in the near future. a feud among dairy producer in california could be great news for wisconsin cheese makers. they have benefited for years because they paid lower milk prices. but if the playing field is leveled, the difference could be worth 200 million in sales. shifting to wisconsin cheese. it makes good fondue. although it has been confirmed the sacramento kings have been sold retail investor, seattle fans may want to hold off on celebrating. the nba still has to confirm the deal and at that point sacramento mayor, former nba star himself, could submit a counter offer. there are also los
british voters to decide whether or not they should exit the eu by 2017. cameron argued for continued membership but in a more streamlined european union with fewer restrictive regulations. >> from our parade of papers, "the omaha world herald," the governor of nebraska has given the okay for the keystone pipeline to run through his state effectively leaving the decision now of whether or not to green-light the 1700-mile project to the obama administration. the president has pushed back a decision on the project until after march, but the pipeline's future remains in doubt as president obama rejected a plan a year ago, you'll recall, saying the legislation didn't give enough time for the government to give it a thorough review. >> and you know, michael steele, we were talking this morning about how the republicans move forward in a more thoughtful, strategic way. still being tough. >> yeah. >> you can be tough. you can be conservative. you can still be smart. >> be smart. that's right. >> we haven't been smart. a guy who has been smart, chris christie. new quinnipiac poll numbers out
. bmw the standout, up .4. there were only two countries in the whole of the e.u. where they improved new car registrations, one was the u.k. although the wider economy is fairly weak. and with bond yields heading toward the u.s. session later, gild lower. and it is worth pointing out that there was a syndicated $6 billion 15-year issue. they're looking to raise $3 billion to $5 billion. italy nearly raised 10% of required funding for the year. they're frontloading debt kwa t requirements as they should over the first couple of weeks. that's where we stand in europe. back to you. >> a 50-year issue. holy smokes. thank you. >> 15 -- >> 15? oh, i misheard. that was the italians, right. >> 15. >> got it. >> yeah. >> thank you. >>> coming up, the state of the financial -- see, i'm glad i asked. the industry's leading trade group joins us to talk profits, regulation, and a whole lot more next. >>> first, heading to break, look at yesterday's winners&losers. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pur
a departure from the e.u. reme we ng about that, but some kind of modification. they have more financial transactions to tax than anybody else in europe. i mean, france and germany can say they have no problem with it. that's because they don't have that many of them. so that's why. >> you know, michelle, the big story may be whether or not "downtown abbey's" finances are being mismanaged. >> if they reduce the number of seasons because of that, that would be terrible. >> i knew that would get you. thank you, michelle. >>> let's get a check on energy and commodities. >> hey, from europe to asia, we're looking at japan as a key driver in the commodities markets today. of course the bank of japan stimulus plans, something that's helping many commodities including gold and the fact we may see inflation down the road for gold. and we're finding them above the 16 90 level. it looks like it could be a doubtful case for gold to continue its gold run. that something that citi is looking at its inability to sustain above the $1,800 level. that may weigh on the bullish case for gold. that's accord
pleated, we still have those countries that aspear to ascend ancy into the e.u. i would just urge you that further progress in that area is going to continue to require american leadership. i hope that we will continue to work in the region to ensure that they continue to make progress. >> we will, senator. i just want to thank you for your leadership of the european affairs subcommittee you've done a tremendous job working on it and i look forward to working with you. >> senator kerry, i appreciate your thoughtful opening statement and your thoughtful response to these questions. i have a great deal of respect for your global experience, your depth of knowledge in these areas. i would have enjoyed working with you as a member of the committee and i'm going to enjoy working with you as secretary of state. as you said, these are complex issues and these are dangerous times. i certainly grew up hoping that that maxim of politics ends at the water's edge was actually true. i'm not sure it ever was but it's something to aspear to. we have the same goals, we want a prosperous and secure am
leverage the market. there has been some talks about a u.s.-eu partnership. i do not know if that can become reality. we need to think about not creating a threat where there is not one. understand carefully where we can find the basis of better cooperation. i want someone saying, kerry has a mistaken notion of what china is doing. i am not saying you do not have to be careful and understand where it is going. i am not talking about retreating from our current levels. i am trying to think about how we do this in a way that does not create the reaction you do not want to create. >> senator mccain. >> your 29 years of service is a great example for those of us newcomers. i thank you for that. in the opening round of russian --assurance, we raised issues about the western hemisphere. i worry that our firm -- our foreign policy has been very oriented east-west. the north-south access is important. i worry about the chinese being all over the americas. in a time -- we could see our influenzae road. i hope that the state department has that north-south access as they keep focus. your openin
organization by the united states and in 2006 he was only one of only 12 senators who refused to write the eu asking them to declare hezbollah a terrorist organization. why did he do that? >> chuck hagel is his own man. he wears no man's collar and he will continue to be his own man. that is the kind of person you want as secretary of state, when you're in the room deciding about war and peace. you want somebody to give their honest opinion. chuck hagel's opinions can come out in the hearings and the american people can decide. there's no question about the fact that the senate i think will ultimately confirm by an overwhelming majority chuck hagel as secretary of defense because nobody is going to really seriously consider violating the president's choice here in the middle of a war, in the middle of a shooting war. >> senator cleland, it's good to see you. thank you so much for joining us. >> thank you. >>> on monday the president said his cia nominee, john brennan, helped him create the strategy that has devastated the leadership of al qaeda. senior correspondent john m
cameron puts off his big eu policy pictures first. the fed putting out a statement saying there are less than 30 british nationals overnight in those events. in the meantime, a moratorium indicating that the terrorist groups are going to use these kidnappings as a way of furthering their activity and raising funds. they're warning algerians, in fact, to stay away from some of these sights and is we've had guests this morning telling us that they think the market is underappreciating that this is a game changer in activity not just in mali, but across west africa in general. lastly, the aussie/dollar is down, too. there is some risk coming out in this risk off despite stocks doing better. the dollar/yen had punched through 90. it's now below 89. that was above 1 is.25. it's moving back to some of its gains. so some major levels hit in forex today, guys. it's not just about 1500 on the s&p. although to be sure, people around the world will be watching that level, as well. back over to you. >> kelly, are you behind the jap foes because they are the ultimate kainsians at this point? >> no. w
saying eu commission, the european union body is basically saying no-go with the deal. it was sproefd to close towards the end of the last year. obviously, hasn't happened. today you can see the shares down 40%. this company is going to need a new ceo, a new strategic vision. and its biggest shareholder down about .3% on the news. fedex declined to comment this morning. now let's turn our attention briefly to this. it gives us a sense of this mentality of the crisis being over, that it's kind of gripped investors to keep hearing the bullish comments we have on people in the program. spain's ten-year still below 5% even though we're seeing prices down this morning and the yield for the ten-year in italy down 4.2. quick look at the euro/dollar which is benefiting here and has been doing pretty well of late. 1.3359. adding another .1%. just for joe, i'm going to skip talking about the yen today and that's in part because the nikkei is closed. back to you guys. >> i thought you were going to reference your -- is that a golden -- were you at the gold b globes? that looks like you paid some
in europe and the u.s. the european process is a finding at the e.u. level. we have been for investigation for it almost two years by the commissioner there and his staff. during this period, they comment from everybody and we give them literally millions of documents. we are busy negotiating with them. we don't think we violated any european laws, but we're happy to have the conversation and we're sort of now waiting on with a they decide to do. we have been negotiating back and forth and they have announced that publicly. in the united states, the law is similar but different if the way it's applied. in our indication, the government to have the federal trade commission look at this and a similar investigation is underway. there were a series of hearings. i testified at the hearings and, again, i don't see the consumer arm under section 2 and we have asked the government to come back and give us the examples of things which are violations of law. we haven't seen that yet. we are also in negotiations with them. that's probably all i should say. what i would say is we talk to these people
versus the dollar. and you can see right now, the dollar is stronger against the eu euro. gold prices are down by about 6.30, $1675.30 an ounce. right now, let's get to the global markets report. ross westgate is standing by in london. good morning. we haven't seen you in quite a while. you have a lot of red behind you this morning. >> we have, indeed, becky. i saw andrew more recently than i've seen you over there in davos. yeah, look, we are down. you can see decleaners outpacing the decliners. we're down at the session low. down around .0. the spanish market down 1.5%. that's down to bank stocks. they're all off heavily because of santander. santander is europe's largest lender in the eurozone. stock off 2.3% today. there's 2012 net profit more than halved hurt by big losses in real estate, write-downs and property assets. also key growth spots as latin america down, as well. they're setting aside another 18 billion or 19 billion euros for provisions in 2012. they said they may still sell some more addette az. there's a lot of restructuring going on, as well. the market has been fo
Search Results 0 to 26 of about 27 (some duplicates have been removed)